Chapter 11. Employment Continuity and Internal Labor Markets

  1. Joyce P. Jacobsen and
  2. Gilbert L. Skillman

Published Online: 14 JAN 2008

DOI: 10.1002/9780470755587.ch12

Labor Markets and Employment Relationships: A Comprehensive Approach

Labor Markets and Employment Relationships: A Comprehensive Approach

How to Cite

Jacobsen, J. P. and Skillman, G. L. (eds) (2004) Employment Continuity and Internal Labor Markets, in Labor Markets and Employment Relationships: A Comprehensive Approach, Blackwell Publishing Ltd, Malden, MA, USA. doi: 10.1002/9780470755587.ch12

Publication History

  1. Published Online: 14 JAN 2008
  2. Published Print: 1 JAN 2004

ISBN Information

Print ISBN: 9780631208365

Online ISBN: 9780470755587

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Keywords:

  • employment continuity;
  • internal labor markets;
  • job continuity;
  • employment adjustment costs;
  • job stability

Summary

This chapter contains section titled:

  • JOB STABILITY AND INTERNAL LABOR MARKETS Empirical incidence of job continuity

  • The internal labor markets hypothesis

  • Job stability and employment adjustment costs

  • Matching and job tenure

  • ON-THE-JOB TRAINING AND INTERTEMPORAL WAGE STRUCTURE Prevalence of on-the-job training

  • On-the-job training and asset complementarity

  • Incomplete employment contracts and the transferability of training benefits

  • Empirical determinants and effects of on-the-job training

  • INCOME INSURANCE AND INTERTEMPORAL INCENTIVE PROVISION Market incompleteness and implicit contracts for earnings insurance

  • Increasing wage profiles and promotion ladders

  • THE NATURE OF EMPLOYMENT CONTINUITY: WHY DOES IT MATTER?

  • CONCLUSION